Phakamani Hadebe

Phakamani Hadebe is a South African business executive. He is Group Chief Executive of the Eskom and former CEO of the Land and Agricultural Development Bank of South Africa.[1]

Phakamani Hadebe
Born
Phakamani Hadebe
NationalitySouth African
Alma materUniversity of Durban-Westville
University of Sussex
Wharton Business School
OccupationCorporate Executive
Known forCEO of Eskom

He has a Masters in Economics from the University of Durban-Westville, an MA in Rural Development from the University of Sussex, is an alumnus of the Wharton Business School and the IMF Institute.[1]

Hadebe worked in the National Treasury from 2003 to 2008 serving as Head of Assets and Liabilities. From 2008 to 2013 he was the Chief Executive Officer and Director of the Land and Agricultural Development Bank of South Africa[1] during which he laid charges against the Bank's former CEO (Philemon Mohlahlane) for corruption. Mohlahlane was convicted for corruption in 2018.[2] From December 2013 until January 2018 Hadebe was head the corporate and investment banking division of Working Limited.[2]

Eskom

Hadebe was made acting CEO and director of Eskom.[1] He was appointed as CEO of Eskom in May 2018.[3] He resigned from his position at Eskom a year later on the 26 May 2019 citing poor health and the difficult circumstances of the job as the reason for the resignation.[4] His resignation sparked a debate amongst political parties over the difficult state of managing the financially strained state owned company[4] and raised concerns over the possibility of finding a capable replacement.[5]

References
  1. "PROFILE: Eskom's official CEO Phakamani Hadebe | IOL Business Report". www.iol.co.za. Retrieved 14 January 2019.
  2. "PROFILE: Phakamani Hadebe's next big challenge". www.businesslive.co.za. Retrieved 14 January 2019.
  3. "Gordhan appoints Phakamani Hadebe Eskom CEO in sweeping SOE board changes". Fin24. 24 May 2018. Retrieved 14 January 2019.
  4. Mkhawanazi, Siyabonga (26 May 2019). "Eskom head Hadebe quits 'toxic' job | IOL Business Report". www.iol.co.za. Retrieved 29 May 2019.
  5. Donnelly, Lynley. "Eskom: The art of steering a sinking ship". The M&G Online. Retrieved 29 May 2019.


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